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Bozeman Montana Real Estate's Blog

"Real Estate Team Service Above Expectation"

By Jenifer Lower | Broker in Bozeman, MT
  • Developing Bozeman. New Construction, New Growth, New Expansion

    Posted Under: General Area in Bozeman, Shopping & Local Amenities in Bozeman, Home Buying in Bozeman  |  September 16, 2014 12:38 PM  |  7 views  |  No comments

    Tomorrow, crews will be breaking ground on the Four Points Subdivision and the Sundance Apartments @ Baxter Meadows. Although the building plans are still in the review phase, the great need for more homes in Bozeman is driving the projects along. Four Points Subdivision will bring with it many multi-family units and the Sundance Apartments @ Baxter Meadows will add 195 units to the market.

     

    READ MORE ABOUT Four Points Subdivision

    READ MORE ABOUT Sundance Apartments @ Baxter Meadows


     

    "Homes are moving, they're moving in less than that 100 day period that you have to have for workforce and the development that's happening," Bozeman Area Chamber of Commerce President Daryl Schliem said. "They're predicting over the next 20 years, Bozeman will grow to a population of 60,000 people, you do the math on that, we're almost at 39,000 now, so that's roughly 1,100 people/year growth," he said. "So, your homes are going to have to equate to that and be built for us to sustain that population growth here in Bozeman." SOURCE

     

    Bozeman is booming. Read the full Bozeman Community Plan to learn more about Bozeman’s growth and just what the Bozeman of the future will look like. Residential growth is matching stride with commercial growth. July-August brought with it the following planning office filings:

    7/21, Dataminr, RE-USE.

    7/22, Bombeck Residence, COA/ADR.

    7/23, Skogen Storage Units, INF.

    7/23, Gallagher Garage, VARIANCE.

    7/23, Baxter Square Ph. 3 MaSub, PREL PLAT.

    7/23, Four Points, MiSub, PREL PLAT.

    7/23, HRDC/Streamline, SIGN/COA.

    7/24, Town Pump #8 Comp Sign Plan, MODS to FSP.

    7/24, Batteries and Bulbs, SIGN/COA.

    7/25, Brewhaus Brewery, COMP SIGN.

    7/25, Visitor’s Center Remodel, COA/ADR.

    7/28, 624 S. Willson, SP/COA.

    7/28, Bogett Porch Addition, SKT PLAN/COA.

    7/29, Bozarth Residence, COA/ADR.

    7/29, Moneyhun Windows, COA/ADR.

    7/29, Bacchus Air Unit, SKT PLAN/COA.

    7/30, AO Group, PRE APP.

    7/30, Traditions Ph 2 & 3, PREL PLAT.

    7/31, McReynolds Windows, COA/ADR.

    7/31, Anita Window Replacement, COA/ADR.

    7/31, Kolman Windows, COA/ADR.

    8/1, JC Billion Signage, MODS.

    8/4, Spring Creek Village, MODS.

    8/4, The Villas, INF.

    8/5, Havard Residence, SKT PLAN/COA.

    8/5, Bozeman Gateway, MODS to FSP.

    8/7, CT Condos, EXEMPT.

    8/7, Bozeman Family Chiropractic, SIGN/COA.

    8/7, Big Brothers Big Sisters, SIGN/COA.

    8/7, Dee O Gee, SIGN/COA.

    8/8, Gallatin College, SIGN/COA.

    8/11, Bozeman Hotel, COA/ADR.

    8/11, Bozeman Bus Depot, STUP.

    8/11, Headwaters Academy, COA/ADR.

    8/11, Five Guys Burgers, SIGN/COA.

    8/11, The Flats at Meadow Creek, MODS to FSP.

    8/12, Valley Commons Lot 7, MODS.

    8/12, Tschache Lane Apts., INF.

    8/13, Ryder ADU, SKT PLAN/COA.

    8/13, Cottonwood Corner, INF.

    8/13, Billion Garage, COA/ADR.

    8/15, Trout Meadows at Cattail Ph. 3, FSP.

    8/15, Saddle View Apts. Sign, COA/DEV.



  • Renting in Bozeman: Renters Beware… Investors Prepare!

    Posted Under: Home Buying in Bozeman, In My Neighborhood in Bozeman, Investment Properties in Bozeman  |  September 11, 2014 12:59 PM  |  18 views  |  No comments

    Bozeman is about history.

     

    Bozeman is also about new life.



     

    Both aspects are being revealed in Bozeman's Willson School. The large, historic building is being re-purposed to help solve an ongoing Bozeman dilemma, a lack of housing. The school has already started its metamorphosis into 18 loft-style and traditional condo spaces. READ MORE

     


    Bozeman's housing problems have been a regular, nagging issue if you live here. It is getting out of hand. In 2012, a study was conducted with the purpose of assessing the housing needs of Bozeman. The study looked at Bozeman specific economic trends and past patterns to see what was needed to meet Bozeman’s needs in the future. Some of the largest take-aways from the study include but are not limited to:

    • Bozeman experienced exceptionally rapid growth in employment, households and its housing stock during the first decade of the 2000s, even considering a serious economic decline that began in 2007. The number of Bozeman residents at work declined from 2007-2010 but stabilized in 2011, although the local unemployment rate, at 6.1%, is near its 10 year peak.
    • The number of households in Bozeman grew faster than the population in the 2000s, from 10,877 to 15,775[an exceptionally high 45% rate of growth [adding nearly 5,000 households. The disparity between population and household growth is somewhat due to a shrinking of household sizes. The average size of an owner-occupied household went from 2.43 to 2.32, while the average size of renter households shrunk from 2.13 to 2.06.
    • Bozeman has a lower median household income than Gallatin County, Montana or the nation (as measured by the Census, not HUD). Yet the median home value as measured by the 2010 Census was higher than the median home values nationwide, statewide in Montana, and in the comparison cities of Billings and Missoula.

    READ THE FULL 2012 STUDY HERE

    Although the 2012 study was a snapshot of the market at that specific moment in time, may of the patterns they saw still persist today. A headline in the Chronicle only yesterday reads “Survey finds Bozeman's rental vacancy rate is ‘effectively zero'” This more recent survey of 44 properties with 2,554 total rental units in the city limits shows a vacancy rate of 0%. The number of applicants looking for rentals surpasses the amount of space available. If you have every sought affordable rental living in town, you know how much you have to hustle and grind to get a place.

    READ THE FULL 2014 STUDY HERE

    We make it our personal and professional mission here at Bozeman Montana Real Estate.net to educate and inform young adults about the marketing conditions here in Bozeman. We encourage them to look into investing in the purchase of a home because of the horrid experience Bozeman offers for renters. We attend MSU’s freshman family orientation (CATAPALOOZA) for that purpose alone. Renting does make sense for many people, but if you plan to be in the Gallatin Valley for an extended period of time, buying makes the most since. Bozeman is stunning. People will keep moving here because of the sheer gravitational pull the valley has on.

     

    Heck, maybe you will even buy one of the new, historic condos within the old Willson School. 

  • You’ve Bought Your Home, Now What? GETTING TO KNOW YOUR NEIGHBORS

    Posted Under: Home Buying in Bozeman, In My Neighborhood in Bozeman, Military Movers in Bozeman  |  September 4, 2014 11:47 AM  |  46 views  |  No comments

    Moving is a public spectacle. You pull a large moving truck into a driveway and spend the next hours, days, weeks grunting, maneuvering and hauling your material objects into your new house that is soon to become your home.

    Those first few days are ideal for having a quick break to take the initiative and introduce yourself to those who live nearby. Breaking the initial barrier will help prevent any awkwardness in the future when you see him/her. Knowing those who live nearby will increase your sense of safety and it strengthens your sense of belonging within a shared community. In fact, research by the Young Foundation and others has found that that wellbeing is higher amongst people who have regular contact with their neighbors and that knowing people in their local area, even if it is just to say hello can have a big impact how secure and happy we feel about where we live.

    From there, it gets more specific as far as what type of family/person you are.

    If you… Have Pets

    Pick up after your pet. Leash your pet until you know more about the other pets in the area. Practice basic animal/owner manners and you many find a best friend for your best friend.

    If you… Are Social


    Spend time in your front yard by creating a living outdoor living space. Gardening, sipping drinks on the front porch or playing a yard sport all give the impression that you are accessible as a neighbor.

    If you… Have Kids

    Setting up play dates with a family is a great start to building a quality relationship for those days when things do not work in your favor and you need a hand.

    Wave. Smile. Engage to whatever extent you feel comfortable. Welcome Home.


    LEARN MORE ABOUT BOZEMAN NEIGHBORHOODS

  • The Space Between Online Versus In-Person Customer Service

    Posted Under: Home Buying in Bozeman, Home Selling in Bozeman, Home Ownership in Bozeman  |  August 25, 2014 9:08 AM  |  37 views  |  No comments

    My name is Holly Hoeger and I am

    Bozeman Montana Real Estate.net’s Program Director of Lead Management.



    I have worked positions from Receptionist to Executive Administrative Assistant to the Director. My experience is mostly Government and Health Care, but got my office work start with an Oil Company in AZ.

    Three years ago in October, I started with my sister’s local Montana real estate company, Bozeman Montana Real Estate.net. Living in Missouri, my integration into a small Montana business did not follow the traditional hiring process. My position arose from a specific need, and it has been amorphous ever since.



    The NeedBozeman Montana Real Estate.net strives to be a hyper-producing real estate company that functions around the philosophy that an agent is responsible for doing four things and four things alone: prospecting, buying, selling and negotiating. All other tasks (marketing, paperwork filing, scheduling, and communication) are handled by specialists in each given area. This strategy invigorates an agent’s time and maximizes their strengths so much so that the Bozeman Montana Real Estate.net’s agents were running full throttle with the buying/selling/negotiating and closing deals. Not a bad problem to have! But, prospecting slowly started slipping by the wayside.  

     

    How I am the Solution: I was hired to fill a void Jenifer was seeing within her prospecting plan. 97% of clients start their home search online. Using top-of-the-line CRMs, email campaigns, alerts and most of all, timeliness, I use the façade of the internet to react to online leads' queries and foster those relationships until they are ready to be taken over by the agents themselves.

    Using our unique team approach allows our clients multiple points of contact and a vast array of resources.  Being one of the first impressions of our team allows me to make that personal connection as well as provide quick and accurate information.


    This relationship building, information gathering and final transfer to the agent is the space in which I thrive. My experience and demeanor blend to achieve industry high conversation rates from those online leads into tangible, hot leads for Bozeman Montana Real Estate.net agents. 

  • Boutique, Innovative, Responsive: We Are Bozeman Montana Real Estate.net

    Posted Under: Quality of Life in Bozeman, In My Neighborhood in Bozeman, Property Q&A in Bozeman  |  August 20, 2014 9:10 AM  |  50 views  |  No comments

    Real Estate Done Bozeman Style

    Many people who look to the western slice of paradise Bozeman MT see a mountain city that runs down the checklist of what they want in a hometown whether that be for: the young tech entrepreneurial professional, the new family looking to start their lives, those looking to find that ideal location to retire to or anything in between. Bozeman has variability. That is her best asset. No matter what draws you to the area, you need to be introduced to Bozeman with a similar amount of specialized variety that specifically speaks to you.  [Learn more about relocating to Bozeman HERE]

    That is the level of service Bozeman Montana Real Estate.net offers.  




    Boutique.

    “When you get into real estate you realize you have to know a wide variety of things so I was choosey and then hired a magnificent team around me that excel in areas I am short in so that we cover real estate and excel in real estate without each individual being taxed.”


    Innovative.

    Finding a home requires leg work and research. Bozeman Montana Real Estate.net makes it a breeze with an automatic, customized alert system that emails YOU whenever anything within your target price, area and/or size comes on the market.  

    “None of us are in a hurry. When you are ready, you will by and in the meantime we help keep you educated about the market.”


    Responsive.

    We have not one, not two but THREE professionals working on your behalf at all times. When you come on board with the Bozeman Montana Real Estate.net Team, you hire an agent who will work endlessly to make sure your needs are met, a marketing director who works behind the scenes to make sure you are provided with the educational information you need to make the process less overwhelming and more meaningful AND a transaction manager who is a secondary communication point, who schedules your necessary dates (inspection, closing etc..) and who reviews all the documents you sign as a double check to ensure your security all culminating to make the process as seamless as possible. 

  • Bozeman, Montana... A Community Unlike Any Other

    Posted Under: General Area in Bozeman, Quality of Life in Bozeman, Schools in Bozeman  |  August 14, 2014 1:11 PM  |  53 views  |  No comments

    Bozeman, MT still is a small town community. We watch one another’s’ backs and celebrate one another’s triumphs. Today, Bozeman Montana Real Estate.net had the opportunity to reach out and support a local, Brigid Bradshaw, as she travels from Bozeman to Helena to start here collegiate career pursuing a degree in business and marketing at Carroll College.

    Giving to the community is a key tenant around which the Bozeman Montana Real Estate.net’s staff works. We try to donate time into such events as the annually Habitat for Humanity’s Women’s  BuildBowl for Kid’s Sake,  and soon, you will be able to see us holding down the fort up on MSU’s campus to welcome the freshman and their parents into our area [Shout out, Catapalooza 2014 is taking place next week! August 21-22nd]

    If not for Bozeman being such a destination to live, our business would have a much harder time. Today, we just wanted to take a moment and thank all those who make this community what it is. We love you Bozeman! 

  • Understanding Where You Fit In the Home Buying Process

    Posted Under: General Area in Bozeman, Home Buying in Bozeman, Property Q&A in Bozeman  |  August 7, 2014 8:01 AM  |  61 views  |  No comments

    There are now 5 phases home buyers are using when purchasing a home.   From start to finish these phases can take up to 30 months.


    Consideration – this is the time that you will want to build a foundation for the long term relationship.  Leads in this stage are just thinking about buying, they will start noticing real estate news and info as well as asking family and friends.  They will also start “looking” online.  This phase can last up to the 16th months.


    Online Research – this is when the home buyers start researching online to see what is available and what they want.  What can they afford and what financing options are available? And area demographics, like schools and crime rates. This phase can last up to the 23rdmonth.


    Active Search – this is when the agent will meet the buyer face to face.  They will want to start touring homes and seeking information directly from the agent.  This phase can last up to the 26th month.


    Transaction – this phase is when the agent and buyers negotiate and navigate the pre-closing process.  They are ready to buy and curious about the process. This will afford the agent the opportunity to shine with the purchasing process.  This phase takes about 30 days, so it can last up to the 27th month.


    Post-Sale – in this phase it is important to stay in contact with your buyers.  If you have done your job well, they will be more likely to refer you to their friends and family (especially if you ask for the referral).  Keeping in touch with simple gestures like, remembering special occasions, cookies, flowers, thank you gifts and even newsletters will help them to remember you. They will also be interested in what is trending in the market and any changes in their home’s value. This stage will last up to 30+ months.

    Understanding the importance of these phases will help retain the buyer when they are ready to take the home buying journey again, especially since the average consumer buys/sells their home every 5-7 years.

    READ MORE

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